REGISTERED NUMBER: 12424718 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

YSM Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Jasvinder Kaur Bahra

REGISTERED OFFICE:

1st Floor 93-95 High Street

Brownhills

Walsall

WS8 6EW

REGISTERED NUMBER:

12424718 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

49,000

49,000

Property, plant and equipment

5

866,407

866,407

915,407

915,407

CURRENT ASSETS

Cash at bank and in hand

49,521

11,608

CREDITORS

Amounts falling due within one year

6

842,989

835,401

NET CURRENT LIABILITIES

(793,468

)

(823,793

)

TOTAL ASSETS LESS CURRENT LIABILITIES

121,939

91,614

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

121,839

91,514

SHAREHOLDERS' FUNDS

121,939

91,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2025 and were signed by:

Mrs Jasvinder Kaur Bahra - Director

1.	STATUTORY INFORMATION

YSM Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents gross sales of invoiced goods and services including Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

49,000

NET BOOK VALUE

At 31 January 2025

49,000

At 31 January 2024

49,000

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

865,407

1,000

866,407

NET BOOK VALUE

At 31 January 2025

865,407

1,000

866,407

At 31 January 2024

865,407

1,000

866,407

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

267,000

267,000

Taxation and social security

14,295

7,181

Other creditors

561,694

561,220

842,989

835,401

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100